Jefferies Financial Group Inc. Has $2.88 Million Holdings in LyondellBasell Industries (NYSE:LYB)

Jefferies Financial Group Inc. increased its stake in LyondellBasell Industries (NYSE:LYB - Free Report) by 30.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,823 shares of the specialty chemicals company's stock after purchasing an additional 9,143 shares during the quarter. Jefferies Financial Group Inc.'s holdings in LyondellBasell Industries were worth $2,883,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Webster Bank N. A. increased its position in shares of LyondellBasell Industries by 70.4% in the fourth quarter. Webster Bank N. A. now owns 346 shares of the specialty chemicals company's stock worth $26,000 after acquiring an additional 143 shares in the last quarter. Cairn Investment Group Inc. grew its position in LyondellBasell Industries by 0.4% during the 4th quarter. Cairn Investment Group Inc. now owns 42,147 shares of the specialty chemicals company's stock worth $3,130,000 after purchasing an additional 155 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its position in LyondellBasell Industries by 5.2% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 3,608 shares of the specialty chemicals company's stock worth $268,000 after purchasing an additional 177 shares in the last quarter. Y.D. More Investments Ltd raised its stake in LyondellBasell Industries by 14.9% during the 4th quarter. Y.D. More Investments Ltd now owns 1,497 shares of the specialty chemicals company's stock valued at $111,000 after purchasing an additional 194 shares during the period. Finally, Caprock Group LLC lifted its holdings in shares of LyondellBasell Industries by 5.8% in the fourth quarter. Caprock Group LLC now owns 4,008 shares of the specialty chemicals company's stock valued at $298,000 after purchasing an additional 220 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company's stock.

LyondellBasell Industries Stock Performance

NYSE LYB traded down $0.56 during trading on Monday, hitting $59.21. The company's stock had a trading volume of 678,587 shares, compared to its average volume of 2,615,969. LyondellBasell Industries has a 52 week low of $51.11 and a 52 week high of $100.98. The company has a quick ratio of 1.13, a current ratio of 1.83 and a debt-to-equity ratio of 0.84. The firm has a market cap of $19.03 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 0.97 and a beta of 0.87. The firm has a 50 day moving average price of $62.28 and a 200 day moving average price of $72.37.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last released its earnings results on Friday, April 25th. The specialty chemicals company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.03). The firm had revenue of $7.68 billion for the quarter, compared to analyst estimates of $7.69 billion. LyondellBasell Industries had a return on equity of 15.97% and a net margin of 3.39%. The firm's quarterly revenue was down 7.6% compared to the same quarter last year. During the same period last year, the business earned $1.53 earnings per share. Equities research analysts forecast that LyondellBasell Industries will post 6.31 earnings per share for the current fiscal year.

LyondellBasell Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were paid a $1.34 dividend. The ex-dividend date was Monday, March 10th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 9.05%. LyondellBasell Industries's payout ratio is 165.43%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LYB. The Goldman Sachs Group dropped their price target on LyondellBasell Industries from $81.00 to $65.00 and set a "sell" rating on the stock in a research report on Monday, April 28th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $60.00 target price (down previously from $80.00) on shares of LyondellBasell Industries in a research report on Friday, April 4th. StockNews.com lowered shares of LyondellBasell Industries from a "hold" rating to a "sell" rating in a research note on Monday, April 28th. Fermium Researc raised LyondellBasell Industries to a "strong-buy" rating in a research note on Friday, April 25th. Finally, UBS Group restated a "sell" rating and set a $51.00 price target (down previously from $76.00) on shares of LyondellBasell Industries in a report on Monday, April 7th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $69.75.

Insider Buying and Selling

In other LyondellBasell Industries news, Director Michael Sean Hanley purchased 3,750 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was purchased at an average price of $72.05 per share, for a total transaction of $270,187.50. Following the completion of the purchase, the director now directly owns 16,028 shares in the company, valued at approximately $1,154,817.40. This trade represents a 30.54% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.14% of the stock is owned by company insiders.

About LyondellBasell Industries

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.